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Listed by Peter Gillin • Morgan Skenderian
$1,245,000
Est. payment /mo
3,884 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,884 sqft
Price per Sqft $320
Subdivision North Long Beach
MLS Listing ID PW-25274680
Year Built 1942
Lot Size 5,956 Sqft
Property Sub-Type Quadruplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
THE TWO BEDROOM UNIT IS NOW VACANT. This unit is in excellent condition, with W/D Hookups and direct access to a two-car garage.
Pleased to present 246 East Hullett Street, a secure 4-unit apartment building in the heart of vibrant Long Beach, California. Built in 1942, the property consists of spacious one- & two-bedroom units. For added convenience, the property features an on-site laundry facility as well as (4) garage spaces for tenant use. This apartment building offers residents easy access to retail amenities including Trader Joe's, banks, and the charming eateries of Bixby Knolls. With convenient access to the 91, 710 & 405 Freeways, commuting to other parts of the city is effortless. Priced at $311,250/unit for this unit mix, this property is one of the more attractive opportunities on the market. Further, through renovation of the units and increases on below market rents, this property offers phenomenal value appreciation and exceptional future cash flow.
Pleased to present 246 East Hullett Street, a secure 4-unit apartment building in the heart of vibrant Long Beach, California. Built in 1942, the property consists of spacious one- & two-bedroom units. For added convenience, the property features an on-site laundry facility as well as (4) garage spaces for tenant use. This apartment building offers residents easy access to retail amenities including Trader Joe's, banks, and the charming eateries of Bixby Knolls. With convenient access to the 91, 710 & 405 Freeways, commuting to other parts of the city is effortless. Priced at $311,250/unit for this unit mix, this property is one of the more attractive opportunities on the market. Further, through renovation of the units and increases on below market rents, this property offers phenomenal value appreciation and exceptional future cash flow.
Location
State CA
County Los Angeles
Area 7 - North Long Beach
Interior
Laundry Inside
Exterior
Garage Spaces 4.0
Pool None
Community Features Curbs, Gutters, Sidewalks
Building
Lot Description Rectangular Lot
Sewer Public Sewer
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